Fri. Nov 22nd, 2019

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Celtic Shareholders Advised On Resolution 12, Whats Lawwell Hiding 

1 min read

For reasons best known to only the very inner circle of the club, Celtic has advised shareholders that it is not in the companies’ best interests to take the famous Resolution 12 from the 2013 AGM to UEFA for a ruling.

Any news released on a Friday night is worth keeping a close eye on, six nights ago at the bottom of the 2019 AGM Notice was the telling decision:

The Board does not consider it to be in the best interests of the Company to take the steps proposed by the resolution. The Board recommends that you vote against this resolution.

What exactly are the board afraid of?

In summary a group of Celtic shareholders believe that the club from Ibrox were given a licence to play in the 2011/12 Champions League qualifiers despite having an overdue tax bill on March 31. UEFA insist on clubs being upto date with social payables to prevent clubs putting football success and prize money ahead of being prudent.


Source: What secrets are preventing Lawwell from taking Resolution 12 to UEFA for a decision? |

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